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Investor Presentaiton

Key company metrics GREAT-WEST LIFECO INC. Net Earnings $3.0 Holding Company Cash $1.0 ROE Sales1 14.0% Financial Leverage 27.1% $144 Financial Strength Ratings² S&P AA Assets Under Management¹ $709 Moody's Aa3 Assets Under Administration1 $1,399 Regulatory Capital Ratios Book Value per Share $22.08 LICAT² 140% Market Capitalization $28 RBC3 480% As of December 31, 2018, in C$billions unless otherwise indicated 1. Each of "sales", "assets under management", and "assets under administration" is a non-IFRS measure. Refer to the discussion of each measure in the Company's 2018 Management's Discussion and Analysis (MD&A) 2. Financial strength ratings and LICAT ratios for The Great-West Life Assurance Company 3. Risk-Based Capital (RBC) ratio for GWL&A 7
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